February 15th, 2026

tax revenue

The dip in tax revenue is slightly offset by core Crown expenses being $0.7 billion below forecast, but the Operating Balance before Gains and Losses (OBEGAL) still recorded a deficit of $3.4 billion.
tax revenue
2 years ago

Government financial resilience tested as revenue growth slows

The government finances remain resilient despite an economic slowdown that has resulted in core Crown tax revenue falling $2.3 billion below forecast, according...

Featured News

The breakdown of the consents showed a 0.5 percent decrease in stand-alone houses and a more significant 10 percent decline in multi-unit homes, which includes townhouses, apartments, retirement village units, and flats.

Low-income households struggle as NZ housing costs soar

News
Net worth has fluctuated due to shifting asset values, particularly in property and investment holdings.

Household spending surpasses income as net worth drops by $47 billion

News
The significant decrease in fruit and vegetable prices has been a major factor in the overall modest inflation.

Food prices see smallest annual increase since 2018

News
Provisional figures indicate that New Zealand saw 229,100 (± 3,500) migrant arrivals in the April 2024 year, marking a 25% increase from the previous year.

Record surge in migrant arrivals and departures for New Zealand in April 2024

News
Socioeconomic inequalities in greenhouse gas emissions from household travel in New Zealand

Socioeconomic inequalities in greenhouse gas emissions from household travel in New Zealand

News